The world economy is increasingly succumbing to the threat of stagflation reminiscent of its 1970s ordeal, a mounting headache for global finance chiefs already navigating the fallout from the war Continue Reading
Wall Street recoiled Wednesday as Target and other national retailers got swept into a staggering sell-off — slashing more than 1,100 points off the Dow — as rising costs eat Continue Reading
Russia’s invasion of Ukraine has sparked an economic crisis throughout Europe. Supply chain concerns and a surge in energy prices have led to rampant inflation across the continent. Despite historic Continue Reading
The soaring dollar is propelling the global economy deeper into a synchronized slowdown by driving up borrowing costs and stoking financial-market volatility — and there’s little respite on the horizon. Continue Reading
A number of factors are continuing to depress the already-battered automotive industry. According to Intel CEO, Pat Gelsinger, the ongoing semiconductor chip shortage will likely persist until at least 2024. Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . The euro is on the verge of U.S. dollar parity for the Continue Reading
Global stocks sank for a sixth consecutive week as the threat of a US recession added to the fears of investors who were grappling with rampant inflation, coronavirus lockdowns in Continue Reading
U.S. stocks ended a whipsaw session lower on Thursday, as investors fretted inflation could remain elevated for longer than expected, which could prompt the Federal Reserve to hike interest rates Continue Reading
If Xi Jinping was hoping for an uneventful and stable 2022 before his planned “re-election” this fall, he must be disappointed. In January I wrote that “China’s economic future isn’t Continue Reading
Analysts cut share-price targets at fastest pace in two years It’s latest evidence of souring sentiment on the equity market To see how much pressure the five-month equity selloff is Continue Reading
